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finance News

IT firms likely to face volatility in banking, financial services space: Report

The banking and financial services segment (BFS) is a staple for Indian IT services companies serving global clients, and it accounts for major chunk of overall tech services basket.

Embarking on the journey of motherhood? Don't forget to plan your finances

Financial planning tips for baby: Expected and unexpected needs crop up prior to, during and after becoming a mother for which one needs to be prepared. Let us evaluate some reasons that highlight the importance of financial planning before one embarks on the beautiful journey to being a mother.

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Six crucial investment tips to stay ahead when there's turmoil in the markets

Uncertain times in stock markets demand an analytical approach to investment and not taking any rash decisions.

SFBs to be major suppliers of PSL certificates by FY20: Ind-Ra

The agency said it expects the total PSL shortfall to touch Rs 3.1 trillion in 2019-20 from Rs 1.9 trillion in 2014-15.

In Jayant Sinha's elevation, Congress sees election code violation

The elevation of Sinha, a Harvard alumnus who seldom misses a chance to talk about his academic credentials, is largely being seen as well-deserved.

His father’s son, economist and planner

The son of former finance minister Yashwant Sinha, Jayant was elected from his father’s former constituency this year.

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Briefly Business: FM,Sharma,Nath to meet on FDI in construction

Ministers will meet soon to sort out differences over relaxation of FDI norms for the construction sector.

Securities bill unlikely this Winter Session

Standing Committee’s report on the bill not finalised.

Take a deep breath

RBI must resist the knee-jerk responses it came out with the last time the rupee showed volatility.

Raghavji,man BJP wants to avoid but cannot ignore

“Finance is almost the spine of the system. Those who ignore its importance would do so at their peril.” Displayed in his visitors’ room,this motto appeared to drive former MP finance minister Raghavji until a sodomy scandal felled him four months ago. Once sought after for his grip on finance and the face of the […]

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Raghuram Rajan says banks will be restored back to health

Mumbai/New Delhi, Feb 12 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that efforts of the federal bank and the government to clean up banks' balance sheets would be successful and warned analysts against "scare-mongering"about the level of stressed assets in the sector. India's banks are struggling under $100 billion of stressed loans, choking the financial system at a time when the economy needs fresh investment to galvanise growth. Minister of State for Finance Jayant Sinha said the government, while working closely with RBI, was supporting the banks fully in terms of both capital as well as necessary policy measures. He also said that they have gone through and done the asset quality review and have identified the full extent of the problem.

We are pro-poor as well as pro-market Govt: Jayant Sinha

New Delhi, Feb 09 (ANI): Minister of State for Finance Jayant Sinha addressed the students of Indian Institute of Corporate Affairs andInternational Finance Corporations on Tuesday. Addressing the students, Sinha said our Government is pro-poor as well as pro-market government. He added that when the NDA Government came into power in May 2014, it was very important for us to restore confidence of the nation in the Governance of India.

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Jaitley meets school media contest winners

New Delhi, Jan 27 (ANI): The winners of Ministry of Information and Broadcasting's Republic Day School Media Contest met Finance Minister Arun Jaitley and veteran Indian shooter and politician Rajyavardhan Rathore on Wednesday. The winners were awarded certificates and prizes for their contribution. The contests were held on Ministry's Facebook and Twitter page, where graffiti were invited from participants on various flagship programmes of the government. The competition was open for a fortnight from 1 to 14 January.

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